Bangladesh Infrastructure Finance Fund Limited (BIFFL)

Address : Kazi Nazrul Islam Avenue, Dhaka, Dhaka Division, Bangladesh

Phone Number : +88016236

Industries : Financial Services

Company Description

Bangladesh Infrastructure Finance Fund Limited (BIFFL) is a 100% state-owned financial institution owned by the Ministry of Finance, Government of Bangladesh (GoB). It was established in 2011 by a resolution of the cabinet of the GoB. Since its inception, BIFFL has been actively pursuing its mandate to accelerate Bangladesh's economic growth by financing much-needed infrastructure.BIFFL is the biggest Non-Bank Financial Institution in Bangladesh owned by the government with an authorized capital and paid-up capital of BDT 100.00 billion and BDT 23.08 billion. BIFFL was established as a special purpose vehicle to mobilize the government's PPP budget through financing infrastructure projects and building partnerships with private sector investors. Besides, BIFFL is committed to protecting the environment and adopting eco-friendly measures and considers this its foremost priority in any investment decision, thereby upholding sustainable development.VISIONAcceleration of economic growth by leveraging relative strengths of the public and private sectors through financing infrastructure projects.MISSION-To perform as a professional Financial Institution by adopting internationally accepted best practices and maintaining the highest moral and ethical standards.-To promote country's economic development by facilitating and encouraging private sector investment in all infrastructure projects.-To support sustainable economic growth of Bangladesh through facilitating infrastructure development.